Math shows RNW is far from finished climbing. $13.50 or more Appears the market is liking the TA takeover of RNW. The deal is $13 Cash or 1.0337 shares of TA for every RNW share.
TA has been climbing back up since this announcement and closed today July 12th at $13.05. this makes 1 share of RNW worth 13.489785 plus at least one dividend of .078.
I foresee RNW climbing another 20 cents or more. in the next couple of days, depending on what TA does.